Thursday, January 15, 2009

State aid for a new UK Car undustry

The Times reports this morning that taxpayers may be asked to fund loans for consumers to purchase cars. (Also in the Telegraph, here, so there is some substance behind the lunacy!) The even greater insanity of direct state aid to motor manufacturers has not been ruled out! The only state aid for the motor industry should be for research and start-up manufacturing aid for electric driven Smart sized vehicle production which will be the only vehicles permitted within urban connurbations from a specified future date. Power will be available from the new generation of muclear plants I proposed in my first post of yesterday. The DEPRESSION has changed the world: GOVERNMENTS must change their mode of thinking! All the old rules and objectives MUST be jettisoned!

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